The first proper World Economic Forum for three years will take place against a humbling backdrop of crisis and conflict
A police officer at the Davos forum in 2019: the event was in May last year, but traditionally happens in the January snow.A police officer at the Davos forum in 2019: the event was in May last year, but traditionally happens in the January snow.. A rapidly slowing economy, fragmentation and de-globalisation. The rising cost of living. Climate change. There is plenty for the global great and good to get their teeth into this week as Davos resumes after a three-year hiatus.
But as the risks to peace, prosperity and the future of the planet have increased so the willingness to cooperate – the spirit of Davos, as Schwab likes to put it – has ebbed. Last week’s WEFan annual publication that details what experts consider to be the most pressing short- and long-term risks, was stark in its warning.
Some world leaders – Donald Trump, for example – have used Davos to brag about how wonderfully things are going back home. Others come to Davos with the intention of mobilising support for a global cause, which in the case of Tony Blair in 2005 meant talking about the need for debt relief and more aid for struggling developing countries.
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